See Home Value
$520,000
● House - Off Market

554 Forest Avenue

RIVER FOREST, IL 60305
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,771 Ft²
$889,418
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Curb appeal to spare on an oversized, expansive lot in the middle of River Forest make this brick Queen Anne a catch. Find Keystone Park, Paddle Tennis, Metra, and Blue Ribbon Award winning Lincoln Elementary and Roosevelt Middle Schools at the ends of this charming long block of Forest Avenue. As the third family to love and care for this home, the current owners have updated it with a huge family room addition featuring original exposed brick and 8' high basement rec room/home gym below. Classic kitchen boasts 2017 stainless refrigerator and oven/range. Huge potential to further customize this special home and make it your own.
Unit Size
1,771 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$313
Property Type
House
Property Taxes
$1,009
HOA Dues
-
Year Built
2016

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Last updated: 3 years ago (MRED MLS #09569896)

Price History

Date / Event Date Event Price
May 14, 2024 Sold
Sold
Apr 24, 2024 Listed by Compass $1,999,900
Listed by Compass
Welcome to 554 Forest Avenue, a truly exquisite residence exuding timeless elegance and luxury. This stunning home offers 5 bedrooms, 5.5 bathrooms, and boasts an expansive 5932 square feet of living space on a generous lot of 10741 square feet. Upon entering, you are greeted by a grand foyer that leads to the sophisticated living areas adorned with impeccable hardwood floors, 10' ceilings, custom millwork and an abundance of natural light. The chef's kitchen is a culinary masterpiece, featuring top-of-the-line Sub Zero, Wolf, and Thermador appliances, double ovens, a range hood, paneled dishwasher, fridge and freezer and an 8' island. The adjacent butlers pantry and oversized family room with a fireplace create an inviting ambiance for entertaining guests. The primary bedroom suite is a sanctuary of indulgence with multiple closets, and a spa-like ensuite bathroom featuring heated floors, Kohler bluetooth amplifier with waterproof speakers, a steam shower, and a separate helix tub for ultimate comfort. Each additional bedroom is thoughtfully designed with custom cabinetry and accompanied by its own private or adjacent bathroom, ensuring every resident's comfort and privacy. The second floor laundry room features 2 sets and washer and dryers, a sink and plenty of storage. An extra deep pour full basement offers additional space for recreation and entertaining, with a full bar and secondary kitchen area, wine cellar, game room and theater room. The spacious mudroom and catch all closet off the side door are easily closed off while providing the needed space. This home also has a whole house generator providing peace of mind during any power outages. The outdoor space is equally impressive, with a beautiful paver patio and porch, built in grill, the perfect setting for al fresco dining or relaxing amidst the lush surroundings. Down the street you have Keystone park, and you are minutes from grocery stores, downtown Oak Park, Metra, restaurants and dining!
Jun 1, 2017 Sold
Sold
Mar 20, 2017 Listed by Weichert Realtors-Nickel Group $554,000
Listed by Weichert Realtors-Nickel Group

Property Highlights


Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,740
  • Lot Size Depth Feet: 1,780
  • Lot Size Frontage Feet: 600
  • Total Building Area: 4,705
  • Gross Building Area: 4,705
  • Building Area: 4,705
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 4,705
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOLOMAN THATCHERS
  • Land Acres: 0000000247
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-08
  • Legal Description 1: (SOLOMAN) (THATCHERS) SUB OF WH OF NW SEC 12-39-12

Neighborhood

  • School District Name: River Forest School District 90
  • Census Tract: 812000

Geography

  • District: 33
  • Parcel: 15-12-107-039-0000
  • Lot: 18
  • Meridian: SEC 12 TWN 39N RNG 12E
  • Municipality: RIVER FOREST
  • Latitude: 41.8902
  • Longitude: -87.8221

    Address

  • Full Address: 554 Forest Ave
  • Address - House Number: 554
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: River Forest
  • Carrier Code: C018
  • 4-Digit Zip Code: 1708
  • Zip Code: 60305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,435,683
  • Tax Rate Code Area: 33001

    Appraisal Valuation

  • Standard Deviation: 0.2287
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 1,764,359
  • High Value: 2,168,017
  • Low Value: 1,360,701

    Market Valuation

  • Market Total Value: $1,690,000
  • Market Land Value: $139,620
  • Market Improvement Value: $1,550,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,000
  • Assessed Land Value: $13,962
  • Assessed Improvements Value: $155,038

    Sales

  • Current Sale Contract Date: Feb 28, 2019
  • Current Sale Recording Date: Mar 11, 2019
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1907006200
  • Previous Sale Recording Date: Jun 02, 2017
  • Previous Sale Contract Date: Jun 01, 2017
  • Previous Sale Amount: $520,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About River Forest


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Nearby Rentals

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Frequently Asked Questions

When was property at 554 Forest Avenue built and last sold?
The property at 554 Forest Avenue was built in 2016 and last sold on Feb 28, 2019 for $1,650,000.
How much is this home worth?
The estimated value of the home located at 554 Forest Avenue is $0.
What are some comparable homes to 554 Forest Avenue?
There are currently no comparable homes to 554 Forest Avenue.

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